Right after announcing its strategic partnership with TVS Motor Company, Tata Power saw its share price reach a 52-week high on Tuesday. Shares of the Mumbai-based firm closed at Rs. 179.65 per price on the BSE, seeing a 6.5% intraday rise on 5 October. Shares of TVS Motor have also seen a price rise on …
In very surprising news, Coal India witnessed its share price rising to Rs. 198.60, touching a 52-week high. The share price rose over 4% on intraday trading on Tuesday. Share prices had previously surged 52 per cent in the last six months. Here is a brief rundown of the story. Key Highlights of the Story …
Over the last two days, 4 October 2021 and 5 October 2021, some massive transactions have gone down both in the NSE and the BSE. Some stock market heavyweights were also involved in these deals. Let’s take a glance at a few of these important deals. Reliance Mutual Fund Reliance Mutual Fund bought 20,00,000 shares …
According to the reports, the Reserve Bank of India might be taking the reinstatement of the working hours of debt and currency markets into consideration. The operational hours that were cut down due to Covid-19 lockdowns and other restrictions might be reverted back to their pre-pandemic schedule. The timings for debt and currency markets were …
An Overview Finance Minister Nirmala Sitharaman said on Monday that company secretaries’ advice will make a big impact because only “well-managed” enterprises that follow strong governance procedures attract investors. She also stated that Indian companies have done very well in attracting investments in the recent year as a result of their transparency and enhanced compliance. …
Last Friday, on 1 October 2021, the scrips of Paras Defence got listed on the bourses, making a spectacular debut. To elaborate, Paras Defence shares got listed on the Bombay Stock Exchanges at Rs. 475 against Rs. 175 (its issue price with a face value of Rs. 10). Accordingly, it registered a listing premium of …
The BSE has noted that it has the preparedness in terms of technology to bring in electronic gold receipts (EGR). The introduction of electronic gold receipts is expected to create a standardised pricing structure of the precious metal. The BSE will reportedly seek the approvals required for the introduction of the EGR from capital markets regulator SEBI, ahead …
An Overview At its bi-monthly monetary policy meeting on Friday, India’s central bank may leave its benchmark rates unchanged while laying out a plan to raise the reverse repo rate, mirroring the measured approach Mint Road’s counterparts on both sides of the Atlantic are taking to re-acclimate their economies to normal liquidity flows. According to …
Irrespective of the discordant comments from the bankers around the world and high stock prices, the Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) continue their buying in the equity market. In the month of September, financial markets saw lifetime highs with NSE’s Nifty50 almost touching the 18000 mark whereas BSE’s Sensex traded beyond …
An Overview The International Monetary Fund warned on Friday that the introduction of digital currencies in emerging areas might lead to the “cryptoization” of local economies, eroding exchange and capital regulations, and disrupting financial stability. According to U.S. blockchain researchers, bitcoin and other coins have skyrocketed in price and popularity in the previous year, with …
